Crossject (France) Probability of Future Stock Price Finishing Under 1.9
| ALCJ Stock | EUR 2.08 0.03 1.46% |
Crossject |
Crossject Target Price Odds to finish below 1.9
The tendency of Crossject Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to € 1.90 or more in 90 days |
| 2.08 | 90 days | 1.90 | about 10.92 |
Based on a normal probability distribution, the odds of Crossject to drop to € 1.90 or more in 90 days from now is about 10.92 (This Crossject probability density function shows the probability of Crossject Stock to fall within a particular range of prices over 90 days) . Probability of Crossject price to stay between € 1.90 and its current price of €2.08 at the end of the 90-day period is about 23.13 .
Assuming the 90 days trading horizon Crossject has a beta of 0.61. This suggests as returns on the market go up, Crossject average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Crossject will be expected to be much smaller as well. Additionally Crossject has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Crossject Price Density |
| Price |
Predictive Modules for Crossject
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Crossject. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Crossject Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Crossject is not an exception. The market had few large corrections towards the Crossject's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Crossject, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Crossject within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 0.61 | |
σ | Overall volatility | 0.22 | |
Ir | Information ratio | -0.04 |
Crossject Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Crossject for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Crossject can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Crossject generated a negative expected return over the last 90 days | |
| Crossject has high historical volatility and very poor performance | |
| Crossject has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 912 K. Net Loss for the year was (10.81 M) with loss before overhead, payroll, taxes, and interest of (205 K). | |
| Crossject has accumulated about 154 K in cash with (6.08 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.35. | |
| Roughly 24.0% of the company shares are held by company insiders |
Crossject Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Crossject Stock often depends not only on the future outlook of the current and potential Crossject's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Crossject's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 34.3 M | |
| Cash And Short Term Investments | 10 M |
Crossject Technical Analysis
Crossject's future price can be derived by breaking down and analyzing its technical indicators over time. Crossject Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Crossject. In general, you should focus on analyzing Crossject Stock price patterns and their correlations with different microeconomic environments and drivers.
Crossject Predictive Forecast Models
Crossject's time-series forecasting models is one of many Crossject's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Crossject's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Crossject
Checking the ongoing alerts about Crossject for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Crossject help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Crossject generated a negative expected return over the last 90 days | |
| Crossject has high historical volatility and very poor performance | |
| Crossject has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 912 K. Net Loss for the year was (10.81 M) with loss before overhead, payroll, taxes, and interest of (205 K). | |
| Crossject has accumulated about 154 K in cash with (6.08 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.35. | |
| Roughly 24.0% of the company shares are held by company insiders |
Other Information on Investing in Crossject Stock
Crossject financial ratios help investors to determine whether Crossject Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Crossject with respect to the benefits of owning Crossject security.